CostIndexUSA

Olympia, WA vs Spokane, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WA
Olympia
103.7
overall index
$2,025/mo rent
More AffordableWA
Spokane
100.3
overall index
$1,475/mo rent

Spokane is slightly cheaper than Olympia — 3.3% lower overall cost of living.

To match an $80,000 salary in Olympia, you would need $77,400 in Spokane. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing16.8%
Olympia
116.7
Spokane
97.1
🛒 Groceries≈ Equal
Olympia
105
Spokane
105
🚗 Transportation≈ Equal
Olympia
104.4
Spokane
104.4
🏥 Healthcare≈ Equal
Olympia
94.5
Spokane
94.5
Utilities≈ Equal
Olympia
91.7
Spokane
91.2

Salary Equivalency Calculator

Enter your current salary in Olympia to see what you'd need to earn in Spokane to maintain the same purchasing power.

$
Equivalent salary in Spokane, WA
$77,400
$2,600 less needed in Spokane

Formula: salary × (100.3 ÷ 103.7) = salary × 0.9672. Based on BEA Regional Price Parities.

Housing Market

Olympia, WA

Median Home Price
$518,000
Median Monthly Rent
$2,025
Housing Index
116.7
Price-to-Rent Ratio
21.3×

Spokane, WA

Median Home Price
$406,000
Median Monthly Rent
$1,475
Housing Index
97.1
Price-to-Rent Ratio
22.9×

Olympia has 16.8% lower housing costs compared to Spokane.

Income & Job Market

Olympia, WA

Median Household Income
$93,200
Per Capita Income
$53,100
Unemployment Rate
4.1%
Population
53,532
Top Industries
GovernmentHealthcareEducationRetailManufacturing

Spokane, WA

Median Household Income
$72,800
Per Capita Income
$41,500
Unemployment Rate
4.2%
Population
228,989
Top Industries
HealthcareEducationGovernmentManufacturingRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Olympia, WA
3.8×income-to-rent ratio

74% of income left after rent (median)

Spokane, WA
4.1×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.